For Sale $3,500,000
A rare opportunity to own one of North Asheville's most iconic historic estates. Originally built in 1909, the renowned Albemarle Inn blends neoclassical architecture, rich history, and gracious Southern hospitality in one of Asheville's most sought-after neighborhoods. This grand historic home is on the National Register of Historic Places, and is currently a Select Registry Inn. Offering 12 bedrooms and 12 bathrooms, the estate includes 11 beautifully appointed guest suites, each with its own private bath, as well as a separate caretaker's apartment—creating exceptional flexibility for a luxury private residence, boutique bed & breakfast, corporate retreat, or multigenerational estate. Historic craftsmanship is showcased throughout with elegant gathering spaces, inviting porches, and remarkable architectural details that honor the home's storied past while offering endless possibilities for its next chapter. Perfectly positioned just moments from the iconic Grove Park Inn, the estate enjoys one of Asheville's most desirable walkable locations. Stroll to Charlotte Street's vibrant collection of locally loved restaurants, cafés, boutiques, parks, Pilates and fitness studios, and neighborhood favorites. Downtown Asheville is just minutes away, offering acclaimed dining, shopping, galleries, and entertainment while preserving the quiet charm and character of this prestigious neighborhood. Steeped in history yet perfectly suited for modern living or hospitality, the Albemarle Inn is more than a property—it's a legacy. Opportunities to own a landmark of this caliber in the heart of North Asheville are exceptionally rare.
Porte-cochere
Garden Tub, Kitchen Island, Pantry, Split Bedroom
| List Price: | $3,500,000 |
| Status: | For Sale |
| Bedrooms: | 12 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 3620 sqft |
| Parking: | Attached Carport, Driveway, Electric Vehicle Charging Station(s), Parking Space(s) |
| MLS Number: | CAR4375523 |
| Subdivision: | Grove Park |
| Style: | European |
| Bathrooms: | 13 |
| Lot Description: | Corner Lot, Green Area, Level, Private, Wooded |
| Year Built: | 1904 |
| Sewer Type: | Public Sewer |
| Elementary: | Asheville City |
| Middle: | Asheville |
| High: | Asheville |
| Date | Event | Price | $/SQFT |
| 07-21-2026 | Listed | $3,500,000 | $967 |
| 12-17-2025 | Price Decrease | $749,900-5.02% | $208 |
| 11-18-2025 | Price Decrease | $789,500-0.69% | $219 |
| 10-12-2025 | Listed | $795,000 | $220 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Claxton Elementary | 1 miles | KG-05 | 6 |
| Ira B Jones Elementary | 1 miles | PK-05 | 8 |
| Isaac Dickson Elementary | 2 miles | PK-05 | 9 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| Evergreen Community Charter | 3 miles | KG-06 | 8 |
| Charles C Bell Elementary | 3 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 86 Edgemont Road, Asheville NC | 0 mi | $3,500,000 | days | |
| 81 Edgemont Road, Asheville NC | 0.1 mi | $2,200,000 | days | |
| 165 Macon Avenue, Asheville NC | 0.1 mi | $2,500,000 | days | |
| 55 Edgemont Road, Asheville NC | 0.1 mi | $1,795,000 | days | |
| 185 Macon Avenue, Asheville NC | 0.2 mi | $1,125,000 | days | |
| 18 Edgemont Road, Asheville NC | 0.2 mi | $1,395,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Asheville Realty Group
86 Edgemont Road, Asheville NC is a 3620 ft2 on a 0.730 acres lot. This is for $3,500,000. This has 12 bedrooms, 13 baths, and was built in 1904.
Based on information submitted to the MLS GRID as of 2026-07-21 14:56:18 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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